U.S. Reps. Patrick McHenry (R-NC), Jim Jordan (R-OH), James Comer (R-KY), and Tom Emmer (R-MN) recently forwarded correspondence to Securities and Exchange Commission (SEC) SEC Chair Gary Gensler, ci...
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The Securities and Exchange Commission (SEC) adopted amendments that seek to enhance the information that mutual funds, exchange-traded funds, and other registered funds report about their proxy votes...
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Independent Community Bankers of America officials said the organization is encouraging the Federal Housing Finance Agency (FHFA) and banking agencies to align capital rules or risk negatively impacti...
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Findings from a recently released Investment Company Institute (ICI) study maintain that mutual funds are essential to most domestic households building wealth. “Mutual funds are a key component ...
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A group of Democratic legislators recently requested answers from the Federal Reserve Board on its plan to continue to raise interest rates at a rapid pace, even if it increases unemployment. “Y...
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U.S. Sens. John Thune (R-SD) and Chuck Grassley (R-IA) plan to introduce legislation that would give Congress a direct say in how $80 billion of new funding for the Internal Revenue Service (IRS) coul...
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U.S. Bank released its annual CFO Survey this week, which finds that priorities have shifted for finance leaders in this challenging economic environment. Specifically, the survey found that impro...
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A new survey by the American Bankers Association and Morning Consult finds that a growing number of Americans are using mobile apps for banking. This is the third year in a row, the survey said, th...
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Federal officials recently awarded $5 billion in New Markets Tax Credits (NMTC) to 107 organizations across the country to receive NMTC allocation awards. The New Markets Tax Credit Program permits...
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The Internal Revenue Service (IRS) reported that the estimated gross tax gap increased to $496 billion, a rise of over $58 billion from the prior estimate, for the tax years 2014 through 2016. The...
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